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$925,000

5849 S Michigan Avenue
Chicago, IL 60637

Multi Family|Sold 09/19/2025
0
Beds
0
Total Baths
9,450
SqFt
$98
/SqFt
1910
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams Preferred Rlty
Call Now: 312-767-7744
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312-767-7744
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Prime opportunity for investors looking for both immediate cash flow and long-term upside. This well-maintained 8-unit building includes six spacious 3 bed / 1 bath units with hardwood floors, decorative fireplaces, large windows, and private decks, offering plenty of character and natural light throughout. Two garden units round out the mix: one 2 bed / 1 bath, and one 1 bed + office / 1 bath, perfect for added rental flexibility. Tenants enjoy convenient on-site laundry and extra storage in the basement, plus plenty of parking in back. Recent updates include new water heaters (both replaced within the last 2 years) and a modernized boiler system with wireless thermostats. The building is already producing strong cash flow, with room to add value over time. Located just a short walk to the Green Line and Washington Park, and with quick access to 90/94, this property offers a convenient location. Whether you're expanding your portfolio or jumping into multifamily for the first time, this building is a smart, solid play.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
9,450 sqft
Lot Size 
0.18 Acres
Year Built 
1910
MLS® Number 
12390870
Status 
Sold
Property Tax 
$7,408.97
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.18
Additional Property Use 
Multi-Family
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
9450
Zoning 
MULTI
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Washington Park
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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